February 14, 2024 at 12:33PM
Prudential Financial, a major global insurance and financial services company, experienced a digital breach leading to unauthorized access to internal and customer data by a criminal group. The company has $1.4 trillion in assets under management and serves over 50 million customers, making it an attractive target for cybercriminals. The investigation is ongoing.
From the meeting notes, it is evident that Prudential Financial, a prominent life insurance company, has experienced a serious cybersecurity incident. The unauthorized access to their systems by a threat actor resulted in exposure of internal company and customer records. Despite the breach, the company has promptly initiated their cybersecurity incident response process and engaged external experts to investigate, contain, and remediate the incident. Prudential Financial has reported the matter to relevant law enforcement and regulatory authorities, affirming that the incident has not had a material impact on their operations and is not reasonably likely to materially impact the company’s financial condition or results of operations at this time. The probe into the extent of the incident is ongoing, and they are actively monitoring to determine if the threat actor accessed any additional information or systems.